Government has stood by and allowed 'legalised price gouging' take hold, Labour TD says

With Ireland currently the third most expensive country in the EU for household energy prices, Mr Nash said Labour would focus on incrementally reducing energy costs over a period of time until it was in line with the EU average.

The Government had stood by and watched "forms of legalised price gouging" taking root, Labour TD Ged Nash has said.

Speaking at the launch of the party's cost-of-living action plan, Mr Nash accused the Government of "inaction and toothless regulation" in the face of a relentless rise in costs.